Births in China Fall to Lowest Level in Nearly Six Decades

[Surya 1]

Wish pakistan learn and adobt 1 child policy .

True, Pakistan has a lot to learn from its best friend China.

 

[lcloo]

Factories with no human presence is already a reality. Having too many jobless young people is not good for a country. Robots can help old people to work until 90 years old and earn a living as long as his human brain is functioning and need only to press buttons and supervise the robot workers.

If human population keep on increasing, our Earth is doomed.

A factory with no human in sight. Robotic arms in the assembly line in Suzhou Victory Precision Manufacturing Co Ltd factory. Suzhou is one of nine cities in China president Xi Jinping Yangtze River Delta G-60 Valley project.

JD.com Fully Automated Warehouse in Shanghai

Robots producing more robots in China

 

[Paul2]

Factories with no human presence is already a reality. Having too many jobless young people is not good for a country. Robots can help old people to work until 90 years old and earn a living as long as his human brain is functioning and need only to press buttons and supervise the robot workers.

I think you don't know much about manufacturing. Electronics manufacturing has been nearly completely automated long, long ago. The thing is that it is only "near completely," but not completely. Automating just any manufacturing process to 95% is easy, but getting those last few percents is very hard, and very expensive.

For that, it's still cheaper to hire line workers. Professionally trained, experienced line workers can easily get 12000-15000 CNY a month here in Guangdong. Manufacturing with human labour works, and is long term sustainable for most consumer products... if you can get that human labour.

Now you can see even those 12000 CNY positions not being filled for weeks to months. A "yesterday farmer" demographic is still plentifully available for hire, but they can't compete with trained cadres on cost/performance.

 

[lcloo]

I think you don't know much about manufacturing. Electronics manufacturing has been nearly completely automated long, long ago. The thing is that it is only "near completely," but not completely. Automating just any manufacturing process to 95% is easy, but getting those last few percents is very hard, and very expensive.

For that, it's still cheaper to hire line workers. Professionally trained, experienced line workers can easily get 12000-15000 CNY a month here in Guangdong. Manufacturing with human labour works, and is long term sustainable for most consumer products... if you can get that human labour.

Now you can see even those 12000 CNY positions not being filled for weeks to months. A "yesterday farmer" demographic is still plentifully available for hire, but they can't compete with trained cadres on cost/performance.

Actually I have worked for 18 years in manufacturing industry, including 8 years in a American/Canadian owned factory in Shenzhen.

My points in my previous posting is not about costs but rather the requirement of human workers in an industry.

We employed up to 70 line workers per each of our China factory assembly lines, in USA they employed less than 5 workers per line because of automation. In actual fact, there was no overall wages advantage in our China factory if we did not go for automation.

 

[Viet]

Thats so wrong, Cnese guys dont even have any kid now cos living cost is too high while its too hard to get job wt 1,000usd/month.

Cnese now is same like Jpnese, dotn like kids, just wanna live alone till dead.

That’s a terrible future!

Living alone until the death arrives.

 

[Paul2]

Actually I have worked for 18 years in manufacturing industry, including 8 years in a American/Canadian owned factory in Shenzhen.

My points in my previous posting is not about costs but rather the requirement of human workers in an industry.

We employed up to 70 line workers per each of our China factory assembly lines, in USA they employed less than 5 workers per line because of automation. In actual fact, there was no overall wages advantage in our China factory if we did not go for automation.

Wow! My record so far is only 10 years, with 2 years break for school. Worked almost entirely in electronics. What manufacturing projects you did?

I still have hard time believing that 100% lights out factories are the optimal solution. So far, even things like complex parts made by million barely make money with the cost of tooling concerned. The higher are the volumes, the lower are the margins usually, and this makes harder to justify buying expensive tooling.

 

[S10]

That’s a terrible future!

Living alone until the death arrives.

You really think your last few years will be surrounded by family and friends even if you have kids?

 

[lcloo]

Wow! My record so far is only 10 years, with 2 years break for school. Worked almost entirely in electronics. What manufacturing projects you did?

I still have hard time believing that 100% lights out factories are the optimal solution. So far, even things like complex parts made by million barely make money with the cost of tooling concerned. The higher are the volumes, the lower are the margins usually, and this makes harder to justify buying expensive tooling.

We were making toys 100% for export, and I was the cost accountant dealing with product costings. Out profit margin is "creative" (or manipulative) so as not to pay too much tax to China Inland Revenue, as well as to sell at lowest prices to our parent company in New York.

Anyway, this is off topic, and I shall stop here.

 

[ILC]

I think you don't know much about manufacturing. Electronics manufacturing has been nearly completely automated long, long ago. The thing is that it is only "near completely," but not completely. Automating just any manufacturing process to 95% is easy, but getting those last few percents is very hard, and very expensive.

For that, it's still cheaper to hire line workers. Professionally trained, experienced line workers can easily get 12000-15000 CNY a month here in Guangdong. Manufacturing with human labour works, and is long term sustainable for most consumer products... if you can get that human labour.

Now you can see even those 12000 CNY positions not being filled for weeks to months. A "yesterday farmer" demographic is still plentifully available for hire, but they can't compete with trained cadres on cost/performance.

Do you have any job offer with that kind of money? I would show it to naysayers

 

[Viet]

You really think your last few years will be surrounded by family and friends even if you have kids?

No. Rather than alone I think having a cat or a dog is good alternative

 

[Brainsucker]

Why do u want more babies??? Falling birthrate is a sign of a developed country which is a good step forward. Population stabilization should be the aim

No, it is a sign of more harsh lifestyle that happen in so many developed countries. That make you think that having a baby is a huge investment that you can't afford; but little to gain. Specially when you don't want to sacrifice to raise your children properly. It happen mainly in big cities. Where you have work harder, till you have to sacrifice your lifestyle. But even if you want children, stress because of overwork, and unhealthy city lifestyle also capable to disturb your fertility.

That's why usually people who live in smaller towns or villages have more children than people in the cities. More lenient lifestyle with more lenient work give you more time to reproduce and raise children.

 

[Viva_Viet]

That’s a terrible future!

Living alone until the death arrives.

CN economy is too bad, many big companies like Tewoo went bankrupted. Life is so stressfull in CN now. Its even so hard for Cnese for living alone, not mentioning that CN already falled into Middle income trap due to Trade war. So, let alone having family, buying house and raising kids.

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Tewoo Group’s debt default indicates rising credit risks in China
MoneyControl • Dec 16, 2019 02:21 PM IST
By Sachin Pal

Highlights - Tewoo Group’s debt recast proposal has been rejected by investors - Largest default by a state-owned company in China - Recently, Peking University also missed interest payments - Three regional banks have collapsed since May

-------------------------------------------------

Chinese commodities trader Tewoo Group has become the first Chinese state-owned company in two decades to default on its US dollar -denominated bonds. While the government is taking measures to alleviate the debt market stress through fundraising and interest rate cuts, delinquencies continue to rise as China is witnessing its worst economic slowdown in nearly three decades. Tewoo’s default signals that corporate stress has aggravated further and the Chinese government is finding it difficult to contain credit risk in a weakening economy.

Company background

Based out of Tianjin, Tewoo is a material circulation company. It is a bulk trader of commodities such as metals (ferrous & nonferrous), energy, minerals and chemicals. Besides commodity trading, the company has presence in other areas such as infrastructure, logistics, real estate, autos and financial services.

In 2017, it had a turnover of $66.6 billion with profits of $122 million and was ranked 129th in the Fortune Global 500 list & 28th in the Chinese enterprises list. The company employs more than 19,000 professionals and has operations across the US, Germany, Japan and Singapore.
https://www.google.com.vn/amp/s/www...rising-credit-risks-in-china-4728171.html/amp

 

[Hamartia Antidote]

In capitalist world, every individuals care for themselves. In Socialist world, the government will take care for everyone, especially the low income group.

LOL! Not in the US. You have that backwards. Socialism attempts that goal while for capitalist countries liberalism towards wealth actually implements it.

Though admittedly, China now a days is far too capitalist than being socialist. May be if they go back to the old socialist system where medical treatments, educations and all basic needs can be provided free or at a token fee to those who qualify, then the problem of providing the needs of old people can be taken care of.

In the US if you are poor and old you get:
Free housing (included is free water, free heat, free electricity, free cable tv, one free meal a day)
About $500 a month in cash
$50 Free vouchers for the local farmer's market a month
Free healthcare at the best hospitals + dental + prescription drugs

plus lots more

 

[Viva_Viet]

LOL! Not in the US. You have that backwards. Socialism attempts that goal while for capitalist countries liberalism towards wealth actually implements it.



In the US if you are poor and old you get:
Free housing (included is free water, free heat, free electricity, free cable tv, one free meal a day)
About $500 a month in cash
$50 Free vouchers for the local farmer's market a month
Free healthcare at the best hospitals + dental + prescription drugs

plus lots more

Free healthcare ??

------
The true story of America’s sky-high prescription drug prices

• By Sarah Kliff
• on May 10, 2018 9:19 am

Let’s say you’re at the doctor. And the doctor hands you a prescription.

The prescription is for Humira, an injectable medication used to treat a lot of common conditions like arthritis and psoriasis. Humira is an especially popular medication right now. In 2015, patients all around the world spent $14 billion on Humira prescriptions — that’s roughly the size of Jamaica's entire economy.


Let’s say your doctor appointment is happening in the United Kingdom. There, your Humira prescription will cost, on average, $1,362. If you’re seeing a doctor in Switzerland, the drug runs around $822.

But if you’re seeing a doctor in the United States, your Humira prescription will, on average, run you $2,669.

https://www.google.com.vn/amp/s/www...0/12945756/prescription-drug-prices-explained

 

[Hamartia Antidote]

Free healthcare ??

------
The true story of America’s sky-high prescription drug prices

• By Sarah Kliff
• on May 10, 2018 9:19 am

Let’s say you’re at the doctor. And the doctor hands you a prescription.

The prescription is for Humira, an injectable medication used to treat a lot of common conditions like arthritis and psoriasis. Humira is an especially popular medication right now. In 2015, patients all around the world spent $14 billion on Humira prescriptions — that’s roughly the size of Jamaica's entire economy.


Let’s say your doctor appointment is happening in the United Kingdom. There, your Humira prescription will cost, on average, $1,362. If you’re seeing a doctor in Switzerland, the drug runs around $822.

But if you’re seeing a doctor in the United States, your Humira prescription will, on average, run you $2,669.

https://www.google.com.vn/amp/s/www...0/12945756/prescription-drug-prices-explained

It's 100% FREE for POOR people. The government foots the bill.
If you have income but no insurance you have to pay.

That's why Humira is so expensive. The government or insurance companies are paying that $1362 for 95% of people. However if you don't have insurance THEN you'll know the true cost.

If you ask most people how much a doctor or dentist visit costs they'll have absolutely no idea since they are not paying the bill (directly). If you don't have insurance you will know immediately when they soak you with a $500 fee.